Cedars Sinai Intellectual Property Company
Analysis
Cedars Sinai Intellectual Property Company is a registered charity in United States, based in W Hollywood, CA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Cedars Sinai Intellectual Property Company reported income of $898.4m and spending of $9.1m, leaving 99% of income unspent that year. The sharpest change came in the year to June 2023, when income rose by 5486%. Over the whole period it spent 1.0% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cedars Sinai Intellectual Property Company sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Sisters of Charity of Leavenworth Health System Inc ($898.1m), University of Minnesota Physicians ($902.9m) and Baptist Memorial Hospital ($898.1m).
At year end it held assets of $122.8m against liabilities of $2.5m, net assets of $120.3m.
Income and spending
Where the income comes from
- Other 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sisters of Charity of Leavenworth Health System Inc | Broomfield | $898.1m |
| University of Minnesota Physicians | Minneapolis | $902.9m |
| Baptist Memorial Hospital | Memphis | $898.1m |
| Inova Health System Foundation | Fairfax | $903.5m |